BROKER RATINGS: Smith & Nephew gets upgrade while M&G receives cut

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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FTSE 100

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CREDIT SUISSE RAISES SMITH & NEPHEW TO 'OUTPERFORM' (NEUTRAL) - TARGET 1,805 (1,560) PENCE

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ODDO BHF INITIATES RIGHTMOVE WITH 'UNDERPERFORM' - TARGET 600 PENCE

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ODDO BHF INITIATES AUTO TRADER GROUP WITH 'NEUTRAL' - TARGET 585 PENCE

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BANK OF AMERICA CUTS M&G TO 'NEUTRAL' ('BUY') - TARGET 260 PENCE

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GOLDMAN SACHS RAISES SCHRODERS PRICE TARGET TO 2,960 (2,925) PENCE - 'SELL'

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BANK OF AMERICA RAISES BRITISH AMERICAN TOBACCO PRICE TARGET TO 3,600 (3,500) PENCE - 'BUY'

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FTSE 250

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GOLDMAN SACHS RAISES MAN GROUP PRICE TARGET TO 195 (185) PENCE - 'NEUTRAL'

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GOLDMAN SACHS RAISES ASHMORE GROUP PRICE TARGET TO 470 (465) PENCE - 'BUY'

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RBC CUTS IWG PRICE TARGET TO 300 (330) PENCE - 'SECTOR PERFORM'

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CREDIT SUISSE CUTS IWG PRICE TARGET TO 360 (395) PENCE - 'OUTPERFORM'

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RBC RAISES DECHRA PHARMACEUTICALS TARGET TO 4,400 (3,600) PENCE - 'SECTOR PERFORM'

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BARCLAYS CUTS HISCOX PRICE TARGET TO 898 (909) PENCE - 'EQUAL WEIGHT'

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JPMORGAN RAISES HOWDEN JOINERY GROUP TARGET TO 785 (772) PENCE - 'NEUTRAL'

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RBC RAISES PARAGON GROUP PRICE TARGET TO 500 (480) PENCE - 'SECTOR PERFORM'

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SOCGEN RAISES PARAGON GROUP PRICE TARGET TO 640 (415) PENCE - 'BUY'

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OTHER MAIN MARKET AND AIM

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RBC CUTS CLINIGEN PRICE TARGET TO 950 (1,300) PENCE - 'OUTPERFORM'

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BERENBERG RAISES DISCOVERIE PRICE TARGET TO 930 (850) PENCE - 'BUY'

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